Rockefeller Capital Management L.P. Purchases 50,579 Shares of Global X Variable Rate Preferred ETF $PFFV

Rockefeller Capital Management L.P. grew its position in Global X Variable Rate Preferred ETF (NYSEARCA:PFFV) by 64.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 128,997 shares of the company’s stock after acquiring an additional 50,579 shares during the quarter. Rockefeller Capital Management L.P. owned about 0.98% of Global X Variable Rate Preferred ETF worth $2,866,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Ironsides Asset Advisors LLC raised its position in Global X Variable Rate Preferred ETF by 26.3% in the 3rd quarter. Ironsides Asset Advisors LLC now owns 287,455 shares of the company’s stock worth $6,646,000 after purchasing an additional 59,802 shares during the period. Benjamin Edwards Inc. bought a new stake in Global X Variable Rate Preferred ETF in the fourth quarter worth about $3,092,000. Dearborn Partners LLC purchased a new position in shares of Global X Variable Rate Preferred ETF during the fourth quarter valued at approximately $509,000. Investment Partners Asset Management Inc. boosted its position in shares of Global X Variable Rate Preferred ETF by 12.0% during the fourth quarter. Investment Partners Asset Management Inc. now owns 234,301 shares of the company’s stock valued at $5,206,000 after buying an additional 25,180 shares during the period. Finally, LFG Wealth Partners LLC bought a new position in shares of Global X Variable Rate Preferred ETF during the fourth quarter valued at approximately $2,060,000.

Global X Variable Rate Preferred ETF Price Performance

PFFV opened at $22.01 on Monday. The stock’s 50 day moving average price is $22.24 and its 200-day moving average price is $22.33. Global X Variable Rate Preferred ETF has a one year low of $21.70 and a one year high of $23.38.

Global X Variable Rate Preferred ETF Profile

The Global X Variable Rate Preferred ETF (PFFV) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index of variable rate US preferred securities, selected and weighted by market value. PFFV was launched on Jun 22, 2020 and is managed by Global X.